Elon Musk is the X-factor in the new Trump administration
1 month, 3 weeks ago

Elon Musk is the X-factor in the new Trump administration

Al Jazeera  

Musk has grand designs to rework the world according to his own whims, and he now has the weight of the US government behind him. Musk’s growing role as an adviser, and perhaps more, on issues of foreign policy presents one of the biggest wild cards for the new Trump administration. Investors are counting on Musk’s companies benefitting from access to Trump, and they have good reason to believe that even American foreign policy will bend to serve these corporate interests. Amid European efforts to regulate Musk’s social media platform X and punish Musk for noncompliance, incoming Vice President JD Vance suggested that continuing American support for NATO be conditioned on Europe rolling back its efforts against X. Musk has lobbied the Trump administration to kill a tax credit on electric vehicles, a move that would deal a blow to US car manufacturers like General Motors and Ford – helping Musk’s own Tesla by hurting these competitors – and benefit China, which already has a huge lead on the EV market, including much of Tesla’s production. Musk’s influence on foreign policy may have an outsized impact on areas of the world where Trump is simply uninterested.

History of this topic

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